NS 8417 Chapter I contains general provisions, and one has essentially the same provisions of NS 8415 Chapter I. NS 8416 does not have chapter division, but most provisions are included in that standard as well. As previously pointed out, NS 8417 is most often used in projects as of today, which is why we take this standard as a starting point.
1. Large degree of conformity between the different standard contracts, but also disparities
2. The articles are based on NS 8417 which is the standard used by the industry most often
3. Own articles on “Contract documents and rules of interpretation”, “Meetings” and “Notices and requirements”
4. In any contractual relationship, the parties have a duty of mutual loyalty.
5. In NS 8417 paragraph 3 and NS 8415 paragraph 5, the duty of loyalty is highlighted as a reminder
6. Both parties shall provide security to the other for their contractual obligations
7. Neither party is obliged to provide until the counterparty has provided its security
